Forex Game Glossary eng

# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Pending order
The client instructs the dealer to buy or sell once the price reaches the order level

Pips (points)
The smallest unit of price for any foreign currency, also referred to as points

Pivot point
Is the key point of support/resistance level calculated by taking the average of an asset’s previous high, low, and closing price

PMI (Purchasing Managers’ Index)
Is a leading indicator. its reading is determined by polling manufacturing supply managers. the index provides insight into business trends and influence of the economy on price formation.

PPI (Producer Price Index)
Measures changes in prices domestic producers receive for their output.

Price gap
A quick market move in which prices skip several levels without any trades occurring. gaps usually follow economic data or news announcements.

Price prior to non-market quoting
Closing price of minute bar, prior to minute bar with non-market quoting. price gap – either of the following situations: – present quoting bid is greater than prior quoting ask; – present quoting ask is less than prior quoting bid.

Price transparency
Equal availability of quotes to all market participants.

Principal value
Is a trader’s initial capital, start-up capital

Producer-Price Inflation
Is the increasing of the average prices for raw materials and consumer goods calculated for the base/reference period.

Profit
A financial gain that resulted from investing, or from a speculative operation that exceeds an amount of initial capital.

Pyramiding
Is a method of increasing a position size in which each new position is less (greater) than the previous one